2 bed Flat For Sale £175,000
At over 1400sq ft, Bricks & Mortar proudly market this incredibly spacious two bedroom apartment in the Hanover Mill development at Newcastle's Quayside. Currently available with vacant possession, the property is perfect for both owner occupiers and investors looking to let due to its prominent position.
One of the largest apartments in the development, all rooms are very generous in proportion. There is a fantastic living space with open plan kitchen and ample space for dining. White goods are integrated with walnut coloured kitchen units, tiled splashback and tiled flooring. The decoration is modern and easily adapted with a warm cream carpet found throughout.
Both bedrooms can easily accommodate king sized beds with one of the bedrooms also including a chic ensuite shower room. Additionally, there is a main bathroom which is fully tiled with beige tiling and includes a full suite.
A handy storage cupboard is located just off the hallway and there is an intercom entry system. The building also includes lift access and the apartment is located to the 6th floor.
For peace of mind, a valid EWS1 form is in place and the property has a great rental history for those seeking to let out.
A parking space is also included.
We have also been provided with the following information;
125 year lease from 27th November 2006
Ground rent is £330 per annum
Service charge is £3373 per annum
Sub let fee is £108 per annum
We anticipate the apartment to achieve between £1100 and £1200pcm inclusive of water rates. A gross rent of 7.5% would be achieved at £1100pcm.
The property is currently tenanted until October 2021.
*EPC details to follow shortly*
Disclaimer – These particulars are for guidance only and do not form part of any contract. Whilst care has been taken in their preparation, we do not hold ourselves responsible for any inaccuracies. They are issued on the understanding that all negotiations will be conducted through this company.
Bricks & Mortar Group Give Notice That;- 1. These particulars do not constitute any part of an offer or a contract. 2. All statements contained in these particulars to this property are made without responsibility on the part of the Agents or the Vendor/Lessor. 3. None of the statements contained in these particulars as to this property are to be relied on as statements or representations of fact. 4. The particulars, various plans, photographs, descriptions and measurements have been carefully prepared, but their accuracy is not guaranteed and any intending Purchasers/Lessees shall satisfy themselves by inspection or otherwise as to their correctness. No omission, accidental error or misdescription shall be a ground for a claim neither for compensation nor the recession of the Contract by either the Vendor/Lessor or the Purchaser/Tenant. 5. Neither the Vendor/Lessor nor Bricks & Mortar Group nor any person in employment has any authority to make or give any representation or warranty in relation to the property. 6. The copyright of all details, photographs and floorplans remain exclusive to Bricks & Mortar Group and no third party shall use these without express written consent by the company.
One of the largest apartments in the development, all rooms are very generous in proportion. There is a fantastic living space with open plan kitchen and ample space for dining. White goods are integrated with walnut coloured kitchen units, tiled splashback and tiled flooring. The decoration is modern and easily adapted with a warm cream carpet found throughout.
Both bedrooms can easily accommodate king sized beds with one of the bedrooms also including a chic ensuite shower room. Additionally, there is a main bathroom which is fully tiled with beige tiling and includes a full suite.
A handy storage cupboard is located just off the hallway and there is an intercom entry system. The building also includes lift access and the apartment is located to the 6th floor.
For peace of mind, a valid EWS1 form is in place and the property has a great rental history for those seeking to let out.
A parking space is also included.
We have also been provided with the following information;
125 year lease from 27th November 2006
Ground rent is £330 per annum
Service charge is £3373 per annum
Sub let fee is £108 per annum
We anticipate the apartment to achieve between £1100 and £1200pcm inclusive of water rates. A gross rent of 7.5% would be achieved at £1100pcm.
The property is currently tenanted until October 2021.
*EPC details to follow shortly*
Disclaimer – These particulars are for guidance only and do not form part of any contract. Whilst care has been taken in their preparation, we do not hold ourselves responsible for any inaccuracies. They are issued on the understanding that all negotiations will be conducted through this company.
Bricks & Mortar Group Give Notice That;- 1. These particulars do not constitute any part of an offer or a contract. 2. All statements contained in these particulars to this property are made without responsibility on the part of the Agents or the Vendor/Lessor. 3. None of the statements contained in these particulars as to this property are to be relied on as statements or representations of fact. 4. The particulars, various plans, photographs, descriptions and measurements have been carefully prepared, but their accuracy is not guaranteed and any intending Purchasers/Lessees shall satisfy themselves by inspection or otherwise as to their correctness. No omission, accidental error or misdescription shall be a ground for a claim neither for compensation nor the recession of the Contract by either the Vendor/Lessor or the Purchaser/Tenant. 5. Neither the Vendor/Lessor nor Bricks & Mortar Group nor any person in employment has any authority to make or give any representation or warranty in relation to the property. 6. The copyright of all details, photographs and floorplans remain exclusive to Bricks & Mortar Group and no third party shall use these without express written consent by the company.
